In 2024, the path to lower mortgage rates seemed relatively clear-cut: Official inflation would go down, the Federal Reserve ...
In 2022 - the year the Fed started hiking rates - net interest and miscellaneous payments for nonfinancial U.S. corporations began a steep decline, possibly because they started earning more on their ...
Stocks seemed to defy gravity again in 2024, but other areas of the market, like bitcoin and the dollar, also saw wild moves throughout the year.
Mortgage costs stayed stubbornly high in 2024, with 30-year fixed rates holding well above 6% for most of the year.
While the Fed cut its policy rates by a full percentage point, long-term yields have risen by a full percentage point.
The 30-year mortgage refinance rate average retreated from its recent high but remains elevated. Many other refi loan types ...
After ebbing slightly at the end of last week, 30-year mortgage rates surged to a five-month high. Rate movement was mixed ...
The 30-year fixed mortgages in this week’s survey had an average total of 0.25 discount and origination points. Discount ...
Mortgage rates can be influenced by Fed policy. But the rates are more closely tied to long-term borrowing rates for government debt. The 10-year Treasury note yield has been increasing in recent ...
Mortgage interest rates are closely tied to the 10-year Treasury bond yield, and bond market investors drive yields higher or lower based on what they believe will happen in the future ...
Interest rates affect the mortgage, credit card and savings rates for millions of people across the UK. The first drop in rates for more than four years came ... than eight in 10 mortgage ...